Monday, November 21, 2011

Does a Serious Injury Have You Strapped for Cash This Holiday Season?


While many banks offer loans for holiday shopping or that dream vacation, these loans require a monthly payment and may also come with a high interest rate.  Bank loans must always be paid back and within a designated time period; they also require a credit check and proof of employment.

What happens if you have been severely injured and are faced with the loss of income and mounting medical expenses?  How do you pay the bills and make ends meet?  How do you stay afloat this holiday season?  Say “hello” to “lawsuit funding”, sometimes known as a “lawsuit loan”.  Lawsuit funding can help tame those huge holiday bills because credit history and employment does not matter.

A lawsuit cash advance is a non-recourse “lawsuit loan”.  Unlike a bank loan, the plaintiff only repays the cash advance if, and when, he/she wins his/her case. If the plaintiff loses, there is not repayment whatsoever; the litigation funding company assumes all the risk.  Additionally, with a lawsuit cash advance, there are no upfront fees or monthly payments and funds can be available within 24 – 48 hours after receipt of a completed application.
Insurance companies have the financial resources to litigate a case to the very end. They will oftentimes intentionally deny, delay, and defend cases because they know in today’s economy many people are strapped for cash.  Insurance companies and big businesses hope that by applying the 3Ds, the will settle for less than fair compensation because of financial constraints.

Litigation funding can help dramatically change the outcome of a plaintiff’s settlement because it levels the playing field. When a plaintiff is more financially stable, his/her attorney has time to negotiate fair compensation.
The team at Lawsuit Financial is ready to help plaintiffs this holiday season. If you are not in the financial position to wait years before compensation is paid, but are worried how to survive this holiday season, contact LawsuitFinancial for a free, no obligation consultation.  Lawsuit funding could be a viable option and make a difference in your financial staying power. Let us put some cheer back into your holidays and bridge the gap between a low settlement offer and the full and fair value of your case.

No comments:

Post a Comment